57、For a decline in interest rates, the price of a callable bond, when compared to an otherwise identical option-free bond, will most likely rise by: A. less because the price of the embedded option falls. B. less because the price of the embedded option rises. C. more because the price of the embedded option falls. D. more because the price of the embedded option rises.
[此贴子已经被作者于2008-11-7 13:03:58编辑过] | 
发表于 2008-5-27 15:45
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